WAM: The Abu Dhabi Securities Exchange (ADX) has announced the rebranding of its Second Market, a key equity market on the exchange that connects investors and privately owned business, complementing Abu Dhabi’s fast-developing ecosystem for companies that are looking to catalyse their growth.
The Growth Market, which replaces the Second Market established in 2014, offers companies access to a wide investor base, key support from the ADX on investor engagement and an opportunity to enhance their brand equity. The Growth Market also presents an ideal path for companies to begin their capital markets journey with companies able to directly list shares on the exchange, without the need for an initial public offering (IPO).
This growing and strong ecosystem is designed to help them fuel their growth while gaining invaluable experience of having their shares being publicly traded along with the wider associated benefits such as access to capital and funding, enhanced governance and increased liquidity for shareholders.
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